S. Africa's iron ore output down 1.2 percent in June

Tuesday, 19 August 2014 17:39:24 (GMT+3)   |   Istanbul
       

According to the preliminary data released by Statistics South Africa, in June this year the seasonally adjusted index of iron ore mining production in South Africa decreased by 5.8 percent, while the country's manganese ore production index decreased by 0.9 percent, both compared to May. On the other hand, in the given month South Africa's nickel production increased by 9.6 percent month on month.

On year-on-year basis, in June this year South African iron ore production fell 1.2 percent, manganese ore production increased by 30.7 percent, while the country's nickel output expanded by 15.3 percent.

Furthermore, the country's seasonally adjusted iron ore sales at current prices in May this year decreased by 14.3 percent compared to the previous month, to ZAR 4.9 billion ($461.09 million), while the seasonally adjusted nickel sales value at current prices increased by 81.1 percent in May compared to April, amounting to ZAR 1.01 billion ($95.04 million). South Africa's seasonally adjusted manganese ore sales in May at current prices totaled ZAR 1.33 billion ($125.15 million), down 9.1 percent month on month.

The year-on-year percentage change at current prices in May this year was down 5.9 percent in iron ore sales, was up 97.3 percent in nickel sales and was down 8.9 percent in manganese ore sales.


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